In Thursday’s Wall Street session, EVgo Inc (NASDAQ:EVGO) shares traded at $3.69, up 6.96% from the previous session.
EVGO stock price is now 25.56% away from the 50-day moving average and -14.49% away from the 200-day moving average. The market capitalization of the company currently stands at $1.13B.
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With the price target enhanced from $4 to $8.50, UBS Upgraded its rating from Neutral to Buy for EVgo Inc (NASDAQ: EVGO). On October 03, 2024, TD Cowen Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $5 to quote $7, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, KISH DENNIS G, President sold 73,215 shares of the company’s stock on May 20 ’25. The stock was sold for $270,039 at an average price of $3.69. Upon completion of the transaction, the President now directly owns 72,269 shares in the company, valued at $0.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19 ’25, President KISH DENNIS G sold 46,785 shares of the business’s stock. A total of $175,612 was realized by selling the stock at an average price of $3.75. This leaves the insider owning 145,484 shares of the company worth $0.54 million. A total of 5.62% of the company’s stock is owned by insiders.
During the past 12 months, EVgo Inc has had a low of $1.92 and a high of $9.07. The fifty day moving average price for EVGO is $2.9388 and a two-hundred day moving average price translates $4.315125 for the stock.
The latest earnings results from EVgo Inc (NASDAQ: EVGO) was released for 2025-03-31. The company reported revenue of $75.29 million for the quarter, compared to $55.16 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.49 percent.
